Hedge Funds & Alternative Investments
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Kuwait Pension Fund Tries to Force Abraaj Into Bankruptcy
Kuwait’s pension fund is trying to force private-equity firm Abraaj Group into bankruptcy proceedings over allegedly not repaying a $100 million loan, according to a court document, upending efforts to save Dubai’s star investor. In a document filed May 22 in the Cayman Islands court system, Kuwait’s Public Institution for…
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Click here to read the full story: Wall Street Journal